The 3 most valuable startups of Silicon Valley

In the past $1 billion valuation was considered to be a huge success for technology startups. Now the threshold got raised to $5 billion. There are many startups now whose valuation is $5 billion. Here are the 3 most valuable startups of Silicon Valley.

Uber: $51 billion

Uber was founded in 2009 by its CEO Travis Kalanick. It produced a taxi calling app that connects the users to the drivers of private vehicles. This service offers different types of cars for the users from small vehicles to luxury cars. Users can call vehicles of their choice. Uber connects the user to the nearby taxi driver so that it takes less time for the taxi to arrive. The passengers don’t pay any cash to the taxi drivers. The taxi fare is deducted from their Uber account. This taxi service has gained huge popularity recently. Top investors like Google Ventures, KPCB, Benchmark Capital, etc. have invested their money on Uber.

Users can call vehicles of their choice. Uber connects the user to the nearby taxi driver so that it takes less time for the taxi to arrive. The passengers don’t pay any cash to the taxi drivers. The taxi fare is deducted from their Uber account. This taxi service has gained huge popularity recently. Top investors like Google Ventures, KPCB, Benchmark Capital, etc. have invested their money on Uber.

Xiaomi: $46 billion

This startup company was found in 2010 by Jun Lei. It is one of the largest Chinese electronic brands which make smartphones. The smartphones developed by Xiaomi are considered to run very well on Android. Large investors like Digital Sky Technologies, DST Global, Qualcomm Ventures and many more have invested in this company.

The smartphones developed by Xiaomi are considered to run very well on Android. Large investors like Digital Sky Technologies, DST Global, Qualcomm Ventures and many more have invested in this company.

Airbnb: $25.5 billion

Airbnb was founded in 2008 by Brian Chesky. It offers a marketplace for people to rent out their houses to people for temporary stay. It is available in 190 countries now. Founders Fund, Andreessen Horowitz, etc. are the notable investors of this startup company.

All these startup tech companies have increased the level of competition among the startup companies. These companies have been so successful that major investors are investing in their businesses. The huge growth of these companies is evident.